Founders Factory fintech accelerator

Founders Factory

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Founders Factory was established to help early-stage companies rapidly become viable and sustainable businesses

Use: Go2Market;
Date closing: -
Amount: 30,000 £ - 30,000 £
Industry focus: Manufacturing; ICT; Tourism;
Yearly operations: 109
Total budget: 14M £
Entity type: Accelerator
Vertical focus: IT, AI, Big data, fintech
Website: https://foundersfactory.com/accelerator/fintech

Status:
Open
Funding type: Equity investment;
Geographic focus: Global;
Public/Private: Private
Stage focus: Seed;
Applicant target: SME;

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Overview

Founders Factory has developed a unique accelerator and studio model that can help startups find product/market fit in the shortest amount of time, solve strategic and operational challenges and find scale with multinational corporates. Companies receive £30k cash for 4-7% equity along with a dedicated team providing intense support in a six-month program completely tailored to your startup's needs and growth objectives. When you join, we'll work with you and the team at Aviva to design a bespoke engagement plan. This will include all the ways that you could partner. Think sessions with their data and insights teams, mentorship and expertise from relevant business units, and opportunities for commercial pilots and contracts - and possibly even capital investment on your next round.

Founders Factory has designed and implemented a six-month program completely tailored to your startup's needs and growth objectives. Startups joining the accelerator program also receive £30k in cash.

Founders Factory has raised a total of £100M in a single venture fund, Planet Fund. This fund was announced on Jun 13, 2022 and raised a total of £100M.

Portfolio: Landvault, 60seconds, Carra, Bequest.

Last updated on 2023-03-01 11:46